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Global Analgesics Market to reach USD 113.19 billion by 2028.

Global Analgesics Market Size study, by Drug Class (Opioids, NSAIDs, Local Anesthetics, Acetaminophen), by Indication (Surgical Pain, Cancer Pain, Neuropathic Pain, Others), by Route of Administration (Oral, Parenteral, Transdermal, Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores) and Regional Forecasts 2022-2028

Product Code: HLSDT-14709789
Publish Date: 6-05-2022
Page: 200

Global Analgesics Market is valued at approximately USD 77.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.6 % over the forecast period 2022-2028. Analgesics, commonly known as painkillers, are drugs that alleviate a variety of pains, including headaches, injuries, and arthritis. Different types of Analgesics exhibit different mechanisms of action, anti-inflammatory analgesics diminish inflammation, while opioid analgesics alter pain perception in the brain. Rising advancements in Pain Management measures, expanding manufacturing facilities, and rising prevalence of chronic and neuropathic pain have driven the adoption of Analgesics across the projected period. For Instance: According to the National Health Institute’s documentation from 2016, over 20% of adults in the United States suffer from chronic pain, with 8% having high-impact chronic pain. This has boosted the need for analgesics in the country. Also, commercializing opioid tolerant drugs and introduction of non-opioid analgesics in the market are most likely to boost the overall growth of the Analgesics market. However, misuse of opioids and government restrictions on the sale and prescription of opioids can obstruct the market’s expansion over the projection period of 2021-2027.

The key regions considered for the global Analgesics market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising prevalence of chronic pain is driving the market growth in North America. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. The market is expected to grow during the projected period, due to rising utilization of Analgesics and introduction of non-opioid analgesics in this region.

Major market players included in this report are:

Pfizer Inc.
Sun Pharmaceuticals Industries Inc.
Sanofi SA
AbbVie Inc.
Teva Pharmaceuticals Inc.
Endo Pharmaceuticals, Inc.
Assertio Therapeutics, Inc.
GlaxoSmithKline Plc.
Bausch Health Companies Inc.
Novartis AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Drug Class:
Local Anesthetics

By Indication:
Surgical Pain
Cancer Pain
Neuropathic Pain

By Route of Administration:

By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Drug Store

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Analgesics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Analgesics Market, by Region, 2020-2028 (USD Billion)
1.2.2. Analgesics Market, by Drug Class, 2020-2028 (USD Billion)
1.2.3. Analgesics Market, by Indication, 2020-2028 (USD Billion)
1.2.4. Analgesics Market, by Route of Administration, 2020-2028 (USD Billion)
1.2.5. Analgesics Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Analgesics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Analgesics Market Dynamics
3.1. Analgesics Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising advancements in Pain Management measures Expanding Manufacturing Facilities Rising prevalence of Chronic and Neuropathic Pain

3.1.2. Market Challenges Misuse of Opioids Government restrictions on the Sale and Prescription of Opioids

3.1.3. Market Opportunities Commercializing Opioid tolerant drugs Introduction of Non-Opioid Analgesics

Chapter 4. Global Analgesics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the Indication
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Analgesics Market, by Drug Class
6.1. Market Snapshot
6.2. Global Analgesics Market by Drug Class, Performance – Potential Analysis
6.3. Global Analgesics Market Estimates & Forecasts by Drug Class, 2018-2028 (USD Billion)
6.4. Analgesics Market, Sub Segment Analysis
6.4.1. Opioid
6.4.2. NSAIDs
6.4.3. Local Anaesthetics
6.4.4. Acetaminophen

Chapter 7. Global Analgesics Market, by Indication
7.1. Market Snapshot
7.2. Global Analgesics Market by Indication, Performance – Potential Analysis
7.3. Global Analgesics Market Estimates & Forecasts by Indication, 2018-2028 (USD Billion)
7.4. Analgesics Market, Sub Segment Analysis
7.4.1. Surgical Pain
7.4.2. Cancer Pain
7.4.3. Neuropathic Pain
7.4.4. Others

Chapter 8. Global Analgesics Market, by Route of Administration
8.1. Market Snapshot
8.2. Global Analgesics Market by Route of Administration, Performance – Potential Analysis
8.3. Global Analgesics Market Estimates & Forecasts by Route of Administration, 2018-2028 (USD Billion)
8.4. Analgesics Market, Sub Segment Analysis
8.4.1. Oral
8.4.2. Parenteral
8.4.3. Transdermal
8.4.4. Others

Chapter 9. Global Analgesics Market, by Distribution Channel
9.1. Market Snapshot
9.2. Global Analgesics Market by Distribution Channel, Performance – Potential Analysis
9.3. Global Analgesics Market Estimates & Forecasts by Distribution Channel, 2018-2028 (USD Billion)
9.4. Analgesics Market, Sub Segment Analysis
9.4.1. Hospital Pharmacies
9.4.2. Retail Pharmacies
9.4.3. Online Pharmacies
9.4.4. Drug Stores

Chapter 10. Global Analgesics Market, Regional Analysis

10.1. Analgesics Market, Regional Market Snapshot
10.2. North America Analgesics Market
10.2.1. U.S. Analgesics Market Drug Class breakdown estimates & forecasts, 2018-2028 Indication breakdown estimates & forecasts, 2018-2028 Route of Administration breakdown estimates & forecasts, 2018-2028 Distribution Channel breakdown estimates & forecasts, 2018-2028
10.2.2. Canada Analgesics Market
10.3. Europe Analgesics Market Snapshot
10.3.1. U.K. Analgesics Market
10.3.2. Germany Analgesics Market
10.3.3. France Analgesics Market
10.3.4. Spain Analgesics Market
10.3.5. Italy Analgesics Market
10.3.6. Rest of Europe Analgesics Market
10.4. Asia-Pacific Analgesics Market Snapshot
10.4.1. China Analgesics Market
10.4.2. India Analgesics Market
10.4.3. Japan Analgesics Market
10.4.4. Australia Analgesics Market
10.4.5. South Korea Analgesics Market
10.4.6. Rest of Asia Pacific Analgesics Market
10.5. Latin America Analgesics Market Snapshot
10.5.1. Brazil Analgesics Market
10.5.2. Mexico Analgesics Market
10.6. Rest of The World Analgesics Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1 Pfizer Inc. Key Information Overview Financial (Subject to Data Availability) Indication Summary Recent Developments

11.2.2 Sun Pharmaceuticals Industries Inc.
11.2.3 Sanofi SA
11.2.4 AbbVie Inc.
11.2.5 Teva Pharmaceuticals Inc.
11.2.6 Endo Pharmaceuticals, Inc.
11.2.7 Assertio Therapeutics, Inc.
11.2.8 GlaxoSmithKline Plc.
11.2.9 Bausch Health Companies Inc.
11.2.10 Novartis AG
Chapter 12. Research Process

12.1 Research Process
12.1.1 Data Mining
12.1.2 Analysis
12.1.3 Market Estimation
12.1.4 Validation
12.1.5 Publishing
12.2 Research Attributes
12.3 Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
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